Market Insights
“The aerospace actuators market was US$ 11.0 billion in 2024 and is expected to grow at a CAGR of 3.3%, in the long run, to reach a market size of US$ 15.6 billion in 2034.”
Market Dynamics
Introduction
An aircraft actuator is a device installed in an aircraft that transforms electrical signals into mechanical movement. Aircraft actuators can regulate velocity and engine speed by moving levers and flaps. Key functions of actuators include adjusting flight control surfaces (rudders, elevators, ailerons, flaps, slats, and spoilers), positioning the engine inlet guide vanes, extending and retracting the landing gear, and opening and closing the cargo or weapon bay doors.
Control surfaces need actuators to move them through electrical or pneumatic, or hydraulic systems, which guarantee both flight safety and maximum aerodynamic performance. Actuators are designed to ensure reliable functionality across extreme flight conditions, including high altitudes, variable temperatures, and vibrations experienced during flight.
Actuators are highly engineered components made from durable materials to meet the aerospace industry's demanding lifecycle durability and sensitivity requirements, particularly in aircraft maneuvering. Their integration into modern aircraft enhances fuel efficiency, operational flexibility, and functionality, making them critical to the aerospace industry.
Market Drivers:
The market for aerospace actuators is significantly influenced by the rising adoption of the More Electric Aircraft (MEA) concept, which focuses on improving fuel efficiency and minimizing operational costs through the replacement of traditional hydraulic systems with electric actuators. In addition, the surging demand for commercial aircraft, spurred by the growth in passenger and freight traffic, entry of programs (B777x, C919, etc.), expected rise in the aircraft fleet size, and advancements in actuator technology also contribute to this upward trend.
Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In December 2024, Woodward, Inc. signed an agreement to acquire Safran Electronics & Defense's electromechanical actuation business based in the United States, Mexico, and Canada. The acquisition will include advanced electromechanical control technology in aviation, and it will strengthen Woodward, Inc.’s technology platform for the next generation of aircraft.
- In 2022, Parker Hannifin Corporation acquired Meggitt PLC. The acquisition further diversified Parker Hannifin Corp.’s presence in the market and expanded its portfolio of electromechanical actuators in the aerospace & defense markets.
- In 2019, Parker Hannifin Corporation acquired Lord Corporation for US$ 3.675 billion (approx.). The acquisition expanded Parker Hannifin Corp’s portfolio of materials science capabilities, electrification, and aerospace product offerings that are highly complementary.
Segments Analysis
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Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Platform-Type Analysis
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Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Defense, UAV, and Space
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Commercial aircraft is expected to remain the demand generator of the market during the forecast period.
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Actuator-Type Analysis
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Primary Flight Control Actuators, Secondary Flight Control Actuators, Landing Gear, Thrust Reversers, Engine Control, Utilities, Seats, Weapon Release, Missiles, and Other Actuators
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Primary flight control actuators are likely to hold the dominant position in the market during the forecast period.
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Actuator Technology-Type Analysis
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Hydraulic, Electric, Pneumatic, and Other Actuator Technologies
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Hydraulic actuators are expected to remain the dominant technology, whereas electric actuators are estimated to be the fastest-growing technology type during the forecast period.
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End User-Type Analysis
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OE and Aftermarket
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Over the next nine years, OE will remain the dominant and faster-growing end-user type.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to be the dominant region in the market over the next nine years.
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By Platform Type
“Commercial aircraft accounted for the largest and fastest-growing market share.”
The aerospace actuators market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, defense, UAV, and space. Rising global air travel demand leading to higher airline orders for fuel-efficient and next-generation commercial aircraft; massive order backlogs from Airbus and Boeing ensure steady production; integration of fly-by-wire systems, electric actuators, and digital cockpit control panels is more prevalent in commercial platforms, supporting market growth .
By Actuator Type
“The primary flight control actuators accounted for the largest market share and are expected to maintain the dominance throughout the study period.”
The market is segmented into primary flight control actuators, secondary flight control actuators, landing gear, thrust reversers, engine control, utilities, seats, weapon release, missiles, and other actuators.
Owing to the high focus on safer and lighter flight control systems and the usage of many actuators, the primary flight control actuators are expected to be the dominant category. The primary flight control actuators are vital components in both commercial and military aircraft as they manage the basic movements of an aircraft, such as pitch, roll, and yaw, by controlling surfaces like rudders, elevators, and ailerons. Advancements in actuator technology, such as the integration of fly-by-wire systems, have significantly enhanced the performance and reliability of primary flight control actuators, reinforcing their market dominance in the aerospace actuators industry.
By Actuator Technology Type
“Hydraulic actuators are expected to remain the most dominant actuator technology of the market over the next nine years.”
The market is segmented into hydraulic actuators, electric actuators, pneumatic actuators, and other actuators. Hydraulic actuators are easy to maintain and generate enough power to operate control surfaces with less weight & space. However, electric actuators are expected to replace conventional technologies due to their high efficiency, increased electric power, and precise level of control.
Hydraulic actuators also feature built-in redundancy, which guarantees ongoing functionality in the event of failures, and they include overload protection that contributes to enhanced flight safety.
By End-User Type
“OE is expected to continue its dominance in the market over the years.”
The aerospace actuators market is segmented into OE and aftermarket based on the end-user type.
The aerospace actuators market is primarily led by Original Equipment (OE), driven by the persistent demand for new aircraft and the incorporation of cutting-edge actuator technologies. Aftermarket held a smaller share of the market in 2024. Aerospace actuators have a long life, usually aligned with the life of the aircraft.
Regional Analysis
“North America is expected to remain the largest market over the next nine years, whereas Asia-Pacific is likely to grow at the fastest rate during the same period.”
North America is anticipated to maintain its dominance in the aerospace actuators market. With one of the world’s largest fleets of both commercial and military aircraft, the USA is the market's growth engine. Most of the major players in the aerospace actuators market have their presence in the region to cater to the emergent needs of OEMs and be their partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs. Over the next nine years, Asia-Pacific is expected to grow at the fastest rate in the market, owing to rising demand for commercial aircraft to accommodate growing passenger traffic, rising defense spending in important economies, the opening of Boeing and Airbus assembly plants, and the indigenous commercial aircraft.
Key Players
The market is moderately concentrated, with the presence of some regional and global players. An inorganic growth strategy is preferred, especially by the leading players. Some M&As led to several changes in the competitive landscape. The following are the key players in the aerospace actuators market.
Here is the list of the Top Players (Based on Dominance)
- Moog Inc.
- Collins Aerospace
- Parker Hannifin Corporation
- Woodward, Inc.
- Liebherr Group
- TransDigm Group
- Triumph Group
- Curtis-Wright Corporation
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The aerospace actuators market is segmented into the following categories.
Aerospace Actuators Market, by Platform Type
- Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Defense (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- UAV (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Space (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace Actuators Market, by Actuator Type
- Primary Flight Control Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Secondary Flight Control Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Landing Gear (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Thrust Reversers (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Engine Control (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Utilities (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Seats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Weapon Release (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Missiles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace Actuators Market, by Actuation Technology Type
- Hydraulic (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Electric (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Pneumatic (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Actuator Technologies (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace Actuators Market, by End-User Type
- OE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace Actuators Market by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aerospace actuators market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
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- Detailed profiling of additional market players (up to three players)
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- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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